Farmer Mac CEO Nordholm to retire March 2027; Carpenter named President/COO and successor CEO

FEDERAL AGRICULTURAL MORTGAGE CORP

Bradford T. Nordholm to retire as CEO on March 31, 2027.
Zachary N. Carpenter appointed President and COO immediately, will become CEO upon Nordholm's retirement.
Carpenter, previously EVP & Chief Business Officer, joined Farmer Mac in 2019 from CoBank, Goldman Sachs.
Board conducted a year-long internal and external search before selecting Carpenter.

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